UNITED STATES OF AMERICA
Before the
COMMODITY FUTURES TRADING COMMISSION

In the Matter of

John N. Eggum

CFTC Docket No. 89-13

ORDER

On July 8, 1998, we denied respondent John N.
Eggum's petition for relief from his undertakings not to seek or
obtain membership on a contract market or apply for registration with the
Commodity Futures Trading Commission ("Commission") in any
capacity. Eggum filed a timely motion seeking reconsideration of that
decision pursuant to Commission Rule 10.106, 17 C.F.R. § 10.106
(1998). We hereby grant the motion seeking reconsideration of our July 8,
1998 order and relieve Eggum of his undertakings not to seek or obtain
membership on a contract market or apply for registration with the
Commission.

IT IS SO ORDERED.

By the Commission (Commissioners TULL, SPEARS and
NEWSOME). Chairperson BORN and Commissioner HOLUM, dissenting.